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Keep your eyes peeled! These are the hidden costs of low-end rentals that...
When I first started buying rental properties, I had no idea how to calculate rental cash flow. I just assumed the cash flow was “the rent minus the mortgage payment.” I didn’t understand the...
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Balloon mortgages: What they are & how they work
A balloon mortgage allows you to enjoy low monthly payments for several years — with a big catch. Your final payment amount “balloons” sharply, potentially leaving you with a bill that’s far higher...
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Majority of Americans who don’t own their own home have this common fear
Owning a home has long been considered the quintessential American dream, but the path to those white picket fences is far from smooth. Although 84% of Americans say they’d like to own a home one day,...
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Home climate proofing can lower your bills. Why aren’t people doing it?
All over the country, climate change is making it more expensive to own a home. In California, Florida, and other coastal states, many home insurance companies are raising premiums or dropping coverage...
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8 unique storage ideas for small bathrooms
When you have a tiny bathroom with little or no built-in storage, you’ve got to get creative. Even if you forgo decor like plants and candles, you still need somewhere to put your towels, washcloths,...
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Are there free skip tracing tools for real estate? Free & paid tools compared
What is a skip tracer? It sounds like some kind of cool, futuristic sci-fi job — like a cyberpunk private eye who tracks people down through a network of intergalactic wormholes. And in a way, that’s...
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Americans are sitting on tens of trillions of dollars of home equity — here’s...
American homeowners are sitting on $28.7 trillion of home equity. That’s significant, even if the amount has fallen from a record $31.8 trillion in the second quarter of 2022. To put that latest figure...
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Majority of homeowners tackling home improvement projects as housing market...
Home is where the heart is, but it’s also where the hammer is lately. In the past 12 months, 68% of homeowners started or completed home improvement projects, according to a LendingTree survey of...
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How to become a landlord: Blueprint to buy your first rental property
I love passive streams of income from real estate, and property appreciation for that matter. But before you learn how to become a landlord, you need to know exactly what you’re getting yourself into....
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The hidden impact of hurricanes: Higher insurance premiums
Hurricane Idalia struck Florida’s Gulf Coast with intense wind and rain, causing an estimated $9.4 billion in insured losses. [1] Big storms have an impact far beyond their initial landfall, and...
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Is Greece a good place to live? Here are the pros and cons of living in Greece
Greece is a sought-after destination, not only for tourists but also for those considering a more permanent move abroad. But is Greece a good place to live? There are plenty of pros in favor of moving...
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Pushing down on me, pressing down on you: States where people feel under...
Though moving on your terms can be rewarding, feeling pressure to leave your home can be stressful and difficult. This is especially true in today’s economy, where persistently high inflation, mortgage...
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17 passive streams of income from real estate
In personal finance circles, people love to say that the average millionaire has seven streams of income. As far as I can tell, it’s neither a hard fact nor a quote by a famous person. But it still...
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10 profitable real estate investing niches you haven’t tried
Everybody understands the business model behind flipping houses, long-term rental properties, and short-term vacation rentals. For that matter, most of us have rented a home or two ourselves at some...
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Attention Michigan property owners! Slip-and-fall law leaves you liable for...
Michigan property owners are now more legally responsible than ever for addressing hazards on their properties — no matter how obvious and avoidable a hazard might be. On July 28, 2023, the State...
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The “lazy 1031 exchange” – Defer taxes on real estate without the hassles of...
A few years ago, I sold all of my multifamily properties as well as a few of my single-family turnkey properties. As I was getting ready to sell, I contacted Nate Busch, my CPA, and asked him how I...
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Louisiana Fortify Homes Program reaches third round
Louisiana homeowners who missed out on the first two rounds of the Louisiana Fortify Homes Program (LFHP) still have a chance to get up to $10,000 from the state to fortify their roofs against...
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How much is a house in Portugal? This is what it costs to buy a home in the...
The national average price of a 2,000-square-foot home in Portugal is $516,000, according to the latest My Dolce Casa real estate report. Buying a house in Portugal has gotten increasingly more...
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Slide insurance to pick up 86K Farmers home insurance policies in Florida
Slide Insurance, a 2-year-old insurtech startup based in Tampa, announced it has acquired renewal rights for 86,000 Florida homeowners and condo owners policies from Farmers. Farmers customers whose...
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Revamp your home office with these pro tips
When surveyed, more than half of all employees said they want to work from home. But not everyone has a functional home office space that is optimized for productivity. From cluttered desks to...
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